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China NDRC: The overall situation of the steel industry in 2020

In 2020, the national crude steel output was 1053 million tons, an increase of 5.2% year-on-year, and the growth rate dropped by 3.1 percentage points year-on-year. The output of steel was 1324.89 million tons, an increase of 7.7% and a decrease of 2.1 percentage points. The output of coke was 471.16 million tons, a zero increase year-on-year, and a decrease of 5.2% in the same period last year.

Ferro alloy output was 34.2 million tons, down 2.7% year-on-year and up 16.4% in the same period last year. Steel exports were 53.67 million tons, down 16.5% year-on-year. Imports of 20.23 million tons, an increase of 64.4%. The import of iron ore was 1170.1 million tons, an increase of 9.5%.